Advantage Energy Ltd.
Advantage Energy Ltd., together with its subsidiaries, engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada. The company was formerly known as Advantage Oil & Gas Ltd. and changed its name to Advantage Energy Ltd. in May 2021. Advantage Energy Ltd. was founded in 2001 and is headquartered in… Read more
Advantage Energy Ltd. (AAVVF) - Total Assets
Latest total assets as of September 2025: $3.03 Billion USD
Based on the latest financial reports, Advantage Energy Ltd. (AAVVF) holds total assets worth $3.03 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Advantage Energy Ltd. - Total Assets Trend (1985–2024)
This chart illustrates how Advantage Energy Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Advantage Energy Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Advantage Energy Ltd.'s total assets of $3.03 Billion consist of 5.6% current assets and 94.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.7% |
| Accounts Receivable | $83.19 Million | 2.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $5.25 Million | 0.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1985–2024)
This chart illustrates how Advantage Energy Ltd.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Advantage Energy Ltd.'s current assets represent 5.6% of total assets in 2024, a decrease from 46.2% in 1985.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2024, down from 13.9% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 12.0% in 1985.
- Asset Diversification: The largest asset category is accounts receivable at 2.8% of total assets.
Advantage Energy Ltd. Competitors by Total Assets
Key competitors of Advantage Energy Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jadestone Energy Inc
LSE:JSE
|
UK | GBX1.12 Billion |
|
Gear Energy Ltd
OTCQX:GENGF
|
USA | $339.27 Million |
|
Arrow Exploration Corp
PINK:CSTPF
|
USA | $93.68 Million |
|
IPB Petroleum Ltd
AU:IPB
|
Australia | AU$3.63 Million |
|
James Bay Resources Limited
PINK:JMBRF
|
USA | $176.62K |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
Panoro Energy ASA
F:1PZ
|
Germany | €674.69 Million |
Advantage Energy Ltd. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Advantage Energy Ltd. generates 0.19x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Advantage Energy Ltd. generates $ 0.74 in net profit.
Advantage Energy Ltd. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.40 | 0.75 | 0.71 |
| Quick Ratio | 0.40 | 0.68 | 0.71 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-200.39 Million | $ -46.77 Million | $ -16.36 Million |
Advantage Energy Ltd. - Advanced Valuation Insights
This section examines the relationship between Advantage Energy Ltd.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.06 |
| Latest Market Cap to Assets Ratio | 0.31 |
| Asset Growth Rate (YoY) | 28.1% |
| Total Assets | $2.95 Billion |
| Market Capitalization | $922.80 Million USD |
Valuation Analysis
Below Book Valuation: The market values Advantage Energy Ltd.'s assets below their book value (0.31 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Advantage Energy Ltd.'s assets grew by 28.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Advantage Energy Ltd. (1985–2024)
The table below shows the annual total assets of Advantage Energy Ltd. from 1985 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.95 Billion | +28.14% |
| 2023-12-31 | $2.30 Billion | +3.70% |
| 2022-12-31 | $2.22 Billion | +11.13% |
| 2021-12-31 | $1.99 Billion | +30.08% |
| 2020-12-31 | $1.53 Billion | -15.66% |
| 2019-12-31 | $1.82 Billion | +2.67% |
| 2018-12-31 | $1.77 Billion | +4.73% |
| 2017-12-31 | $1.69 Billion | +13.01% |
| 2016-12-31 | $1.50 Billion | -1.38% |
| 2015-12-31 | $1.52 Billion | +4.31% |
| 2014-12-31 | $1.45 Billion | -17.59% |
| 2013-12-31 | $1.77 Billion | -7.76% |
| 2012-12-31 | $1.91 Billion | -2.99% |
| 2011-12-31 | $1.97 Billion | +7.07% |
| 2010-12-31 | $1.84 Billion | -4.39% |
| 2009-12-31 | $1.93 Billion | -16.40% |
| 2008-12-31 | $2.31 Billion | -4.82% |
| 2007-12-31 | $2.42 Billion | +22.24% |
| 2006-12-31 | $1.98 Billion | +95.65% |
| 2005-12-31 | $1.01 Billion | -1.97% |
| 2004-12-31 | $1.03 Billion | +79.77% |
| 2003-12-31 | $574.75 Million | +39.55% |
| 2002-12-31 | $411.85 Million | +75.76% |
| 2001-12-31 | $234.32 Million | +126.57% |
| 2000-12-31 | $103.42 Million | -39.04% |
| 1997-12-31 | $169.66 Million | -22.47% |
| 1996-12-31 | $218.82 Million | -89.82% |
| 1995-12-31 | $2.15 Billion | -13.80% |
| 1994-12-31 | $2.49 Billion | +18.18% |
| 1993-12-31 | $2.11 Billion | +7.44% |
| 1992-12-31 | $1.96 Billion | +45.99% |
| 1991-12-31 | $1.34 Billion | +9.87% |
| 1990-12-31 | $1.22 Billion | -33.37% |
| 1989-12-31 | $1.84 Billion | -15.76% |
| 1988-12-31 | $2.18 Billion | -7.95% |
| 1987-12-31 | $2.37 Billion | -13.57% |
| 1986-12-31 | $2.74 Billion | -2.87% |
| 1985-12-31 | $2.82 Billion | -- |